PARA (Paramount Global) earnings continue our journey of why streamers should offload linear tv into 1 entity... 

PARA took a $5.98B impairment charge on its offering - but hey at least their streaming division took $26M profit home ¯\_༼ ಥ ‿ ಥ ༽_/¯

Makes my happenstance conversation with a Paramount exec even stranger - old ways dragging down the dinosaur that refuse to look up. 

DIS, PARA & WBD will likely continue to struggle for the next few years, while Netflix consolidates (especially with a harder lean into gaming). I'd imagine we see one more big merger before the dust settles. Still wild to think 20 years ago these were all untouchable giants. 

Now extrapolating this out, it isn't just streamers that have to tighten their belts, but the talent agents, lawyers, accountants and even restaurants where they all sit at for luncheons. It is going to be a rough few years for LA too, not just the creatives, neither of which deserve to suffer because of the hubris of a few execs

More separation of cable from streaming, this time Comcast’s turn. 

First legacy becomes only streaming  Second further consolidation of both 
Third PBS & NPR lose funding 
Fourth this clears way for new entrants with new ideas around film and media 
Then the cycle repeats

More separation of cable from streaming, this time Comcast’s turn. 

First legacy becomes only streaming  Second further consolidation of both 
Third PBS & NPR lose funding 
Fourth this clears way for new entrants with new ideas around film and media 
Then the cycle repeats 

https://www.wsj.com/business/media/comcast-greenlights-7-billion-spinoff-of-nbcuniversal-cable-channels-cc5c6dc5?reflink=mobilewebshare_permalink

july

First social networks mapped human social interaction to a digital place 
Now we have time exchange via crypto on top

Together, every social driven business (most of them) can now be reinvented because there is no longer any time arbitrage

What an exciting time to be alive

75% unpacked (functionally unpacked at least) and it seems like I missed a lot here for the two weeks of going dark. Things move so fast on here

Almost done with my move. Seeing the other side is amazing

Parenting

Exhausted from packing my 2 yr old turned to me and said ‘you’re great’. Feels like a whole Red Bull of energy to keep packing

Dealing with a new place to rent has fully crypto-pilled me. 

Finances should be universal - fuck a cashiers check 
You should always have access to your money - fuck a banks working hours 

Open, free and transparent markets will win it all

Anyone have any good vpn recommendations?

I think people severely underestimate the power of splits.org and what it'll do to bring people to this website.

I'm about to move with a 2 yr old - she's already getting anxious with the boxes that are being packed up. 

Has anyone moved with a toddler before? Any tips to help them feel secure and safe?

No kiddo moving tips - I must be the only idiot trying to move with a toddler... wish me luck

The Grid. A digital frontier. I tried to picture clusters of information as they moved through the computer. What did they look like? ... Ships? Motorcycles? Were the circuits like freeways? I kept dreaming of a world I thought I'd never see. And then one day. I got in...

The Grid. A digital frontier. I tried to picture clusters of information as they moved through the computer. What did they look like? ... Ships? Motorcycles? Were the circuits like freeways? I kept dreaming of a world I thought I'd never see. And then one day. I got in...

https://music.apple.com/us/album/the-grid/1543824814?i=1543825326

It’s magic, because it’s not repeatable

Finally good news - new apt secured 

Let the boxing commence!

My kid just had her first Halloween. Hesitantly I went along, but had the time of my life

Pacing myself with emotional energy is one of the hardest things I've had to work on over the last decade

Why is time the most decadent thing to eat?

Anyone else use album listens as memory capsules?

🎥🌳

@tcw